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Merchandising includes___. all the steps in the buying and selling of products t

ID: 454727 • Letter: M

Question

Merchandising includes___. all the steps in the buying and selling of products the purchasing of products but not the sale of them pricing and product assortment decisions only cooperative buying arrangements only A major disadvantage of a merchandising philosophy is that___. coordination of buying and selling may be impaired responsibility for success or failure may be unclear buying and selling functions require different skills communication between selling and buying staff may be unclear A retailer specifically attempts to increase its average sale through carrying complementary goods and services in__. cross-merchandising impulse sales scrambled merchandising merchandising Which type of buying organization generally serves noncompeting retailers, offers marketing research expertise, and sometimes sponsors private-label goods? inside buying organization outside buying organization general buying organization specialized buying organization Cooperative buying is generally used by__. inside buying organizations outside buying organizations small, independent retailers formal buying organizations The expected retail sales of a product or product category for given time periods is a__. sales expectation sales perception sales analysis forecast

Explanation / Answer

1. a

2. a

3.a

4 c

5 c

6 d